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Nestle Foods Nigeria PLC

NESTLE.LG

Latest Trade

1,450.00NGN

Change

57.50(+4.13%)

Volume

2,229

Today's Range

1,420.00

 - 

1,450.00

52 Week Range

887.10

 - 

1,505.00

As of on the Nigerian Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
1,392.50
Open
1,420.00
Volume
2,229
3M AVG Volume
2.24
Today's High
1,450.00
Today's Low
1,420.00
52 Week High
1,505.00
52 Week Low
887.10
Shares Out (MIL)
792.66
Market Cap (MIL)
1,125,572.00
Forward P/E
25.95
Dividend (Yield %)
4.26

Next Event

Dividend For NESTLE.LG - 35.5000 NGN

Latest Developments

More

Nestle Nigeria Reports Lower Profit Before Income Tax For Period Ended Sept. 30

Nestle Nigeria Qtrly Profit Before Income Tax 17.45 Bln Naira Vs 19.12 Bln Naira

Nestle Nigeria FY Profit Before Income Tax 71.12 Bln Naira Vs. 59.75 Bln Naira

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About Nestle Foods Nigeria PLC

Nestle Nigeria Plc is a food manufacturing and marketing company. The Company is engaged in manufacturing, marketing and distribution of food products, including purified water throughout the country. It operates through two segments: Food and Beverages. The Food segment includes production and sale of Maggi, Cerelac, Nutrend, Nan, Lactogen and Golden Morn. The Beverages segment includes production and sale of Milo, Chocomilo, Nido, Nescafe and Nestle Pure Life. It manufactures and markets a range of brands, which include Infant Formula-Nestle NAN, Infant cereals-Nestle NUTREND, Nestle CERELAC, Family cereals-Nestle GOLDEN MORN, Confectionery-Nestle CHOCOMILO, Bouillon-MAGGI Cube, MAGGI Mix'py and Table Water-Nestle PURE LIFE. Its products include MAGGI Star Cube, MAGGI Crayfish, MAGGI Chicken, Ginger & Garlic, Golden Beef and Classic. It promotes food cultures through MAGGI Star Cook participatory cookery program in neighborhoods, and MAGGI Women Forum, a home management program.

Industry

Food Processing

Contact Info

22-24, Industrial Avenue, Llupeju

Nigeria

+234.1.2798184

https://www.nestle-cwa.com/en/investors/nigeria/financial_forecasts/forecast-q2-2014

Executive Leadership

David C. Ifezulike

Non-Executive Chairman

Wassim Elhusseini

Managing Director

Jagdish Kumar Singla

Finance & Control Director, Executive Director

Bode B. Ayeku

Company Secretary/Legal Advisor

Remy Ejel

Market Head of Nestle Middle East and North Africa

Key Stats

3.00 mean rating - 9 analysts
Sell
Hold
Buy
Revenue (MM, NGN)

2018

266.3K

2019

284.0K

2020

287.1K

2021(E)

305.1K
EPS (NGN)

2018

54.260

2019

57.630

2020

49.470

2021(E)

52.683
Price To Earnings (TTM)
28.71
Price To Sales (TTM)
3.92
Price To Book (MRQ)
38.42
Price To Cash Flow (TTM)
23.97
Total Debt To Equity (MRQ)
139.99
LT Debt To Equity (MRQ)
117.43
Return on Investment (TTM)
52.99
Return on Equity (TTM)
17.84

Latest News

Latest News

UPDATE 1-Nigerian stocks hit 16-month high as company results ease COVID concerns

Nigerian stocks soared to a more than 16-month high on Friday as funds piled into equities, propelled by low interest rates and as early third-quarter corporate earnings showed some companies have weathered the impact of the COVID-19 crisis, traders said.

UPDATE 1-Nigeria stocks rise to 9-month high after easing of curfews

Nigerian stocks climbed to a nine-month high on Wednesday after curfews imposed last week to curb protests over alleged police brutality were eased and investors piled into consumer goods shares.

Nigerian funds switch to stocks, hoping for rebound as foreigners exit

Nigerian funds are switching back to equities from fixed-income securities, hoping for a stock market rebound later this year after a coronavirus-induced rout in oil prices prompted foreign investors to sell-off their holdings, market players said.

Tea and cocoa-loving Nigerians finding new thirst for coffee

Businessmen in the Nigerian city of Lagos typically broker deals over cognac or champagne. But, on a sunny afternoon in the city's upmarket Victoria Island business district, a clutch of men celebrated with steaming coffee that cost 35,000 naira ($114) for a three-cup brew.

Nigeria grants FX access for milk imports to six mostly foreign firms

Nigeria's central bank has lifted restrictions on buying U.S. dollars to pay for milk imports for six firms, after measures introduced last year to boost local dairy production and conserve foreign currency reserves riled businesses.

Vegans see green shoots in meat-loving Nigeria

When Nigerian chef Olasore Osidele became a vegan six years ago, people warned him that cutting out meat was questioning God's plan.

Swiss stocks - Factors to watch on May 23

The Swiss blue-chip SMI was seen opening 0.2 percent lower at 9,627 points on Thursday, according to premarket indications by bank Julius Baer .

Lavazza swallows Mars Inc coffee business for around $650 million

Italian coffee maker Lavazza will swallow the coffee business of U.S. food giant Mars Inc to expand its global reach, in a deal worth around $650 million, including debt.

BRIEF-Nestle Nigeria Posts Q1 Pretax Profit Of 13.64 Bln Naira

* Q1 ENDED MARCH 2018 PROFIT BEFORE TAX OF 13.64 BILLION NAIRA VERSUS 14.28 BILLION NAIRA YEAR AGO

From Disney to Dior, Norway wealth fund challenges CEO pay

Executive pay is firmly in the crosshairs of Norway's $1 trillion sovereign wealth fund as it puts its votes to work at some of the more than 9,000 companies it is invested in.

Over 40 companies pledge to cut UK plastic pollution

More than 40 companies, including Britain's biggest supermarkets, Coca Cola, Nestle and Procter & Gamble, have bowed to growing pressure to tackle pollution by committing to cut plastic use over the next seven years.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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